Google promises $1 billion to fight housing crisis

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Google has a $1 billion plan to put a dent in the Bay Area housing crisis. 

The company announced a sweeping new plan Tuesday to contribute $1 billion to build as many as 20,000 new homes in the San Francisco Bay Area over the next 10 years. 

The bulk of that investment will come not from Google parent Alphabet’s multibillion-dollar cash reserves, but from a promise to rezone its own land in order to build residential housing. 

“Over the next 10 years, we’ll repurpose at least $750…

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